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aliya0001 [1]
3 years ago
10

What is liberalisation? ​

Business
1 answer:
konstantin123 [22]3 years ago
6 0

Answer:

Explanation:

Liberalisation is the process or means of the elimination of control of the state over economic activities. It provides a greater autonomy to the business enterprises in decision-making and eliminates government interference

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An economy consists of three workers: Kevin, Rajiv, and Yakov. Each works 10 hours a day and can produce two services: mowing la
Elan Coil [88]

Answer:

1. 40 lawns

2. 40 washed cars

3. 20 lawns, 20 washed cars

4. 25 lawns mowed, 25 washed cars

Explanation:

In the given question,

A) When all three spend all their time mowing lawns that is

Kevin= 2 X 10 hrs = 20

Rajiv = 1 x 10 hrs = 10

Yakov = 1 x10 hrs = 10

Total mowed lawns will be= 20 +10 + 10 = 40 lawns.

B) When all three spend their time washing cars

Kevin =  1 x 10 hrs = 10

Rajiv = 1 x 10 hrs =10

Yakov = 2 x 10 hrs = 20

Total cars washed= 20 +10 + 10

C) when all three people spend their half time on each activity

Kevin  = 2 x 5 hours = 10

Rajiv =  1 x 5 hrs = 5

Yakov1 x 5 hrs = 5

Total lawn mowed will be= 10 + 5 + 5 = 20 therefore time spent on car washing will be 20 hrs.

D) Time on the mowing of the lawn will be =

Kevin =  2 x 5 hrs = 10

Rajiv = 0

Yakov = 1 x 10 hours = 10

Time on the washing of the car will be 20 hrs

Kevin = 1 x 5

Rajiv =  1 x 10

Yakov = 0

Total time = 15 hrs

6 0
3 years ago
Under the Uniform Securities Act, an investment adviser may share in the profits of a client's account:
omeli [17]

Answer:

D. under no circumstances

Explanation:

An investment adviser uses his investment knowledge to guide his client with respect to investing in stocks and other securities so as to maximize client's gain.

In return for his services, an investment adviser charges a certain fee from the clients.

As per the Uniform Securities Act, an investment adviser is prohibited from sharing the profits of the client which could be in the form of any dividend/interest receipts or capital appreciation.

Thus, under no circumstances, an investment adviser is permitted to share profits of the client.

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3 years ago
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Janet works as a manager at unicorn infra inc. janet and her team members are primarily responsible for procuring the funds need
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<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s  funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and  use. </span>

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4 years ago
what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
Nuetrik [128]

Answer:

This lesson discusses how factors such as natural resources, power and energy, capital accumulation, technology, the labor force, transportation, communications.

6 0
3 years ago
What happens in a perfectly competitive industry when economic profit is greater than zero? existing firms may expand their oper
steposvetlana [31]

What happens in a perfectly competitive industry when economic profit is greater than zero?

The answer is all of the above. If a perfectly competitive industry has economic profit greater than zero then existing firms may expand their operations, firms may move along their LRAC curves to new outputs, there may be pressure on the market price to fall and new firms may enter the industry.

A perfectly competitive market is a hypothetical market where competition is at the highest level. Economists that study perfect competition state that this would be the best outcome of a market for consumers and society because each group would be evenly competing for consumers.

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